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AED to IO price chart
AED to io.net exchange rate
About Saudi Arabian Riyal (AED)
What Is the United Arab Emirates Dirham (AED)?
The UAE dirham (AED) is the official currency of the United Arab Emirates. Issued by the Central Bank of the UAE, it is subdivided into 100 fils and has been pegged to the US dollar at roughly 3.6725 AED per USD since 1997. This fixed exchange-rate policy provides strong exchange-rate stability. The UAE's economy is heavily based on oil and gas exports, and as one of the Gulf's major financial hubs, the dirham is widely used in international trade and finance in the region. These factors make the AED a reliable medium of exchange for both domestic commerce and cross-border transactions in the Middle East.
Why Is the UAE Dirham Considered a Stable Currency?
The AED's stability stems largely from its USD peg and the UAE's strong economic fundamentals. The fixed peg to the dollar and prudent monetary policies by the Central Bank help keep inflation low and exchange rates steady. The UAE's large foreign reserves and diversified economy (beyond oil) further bolster confidence. As a result, the dirham is one of the most stable currencies globally, benefiting from the country's fiscal prudence and investor trust. In practice, the peg ensures that the AED experiences very little fluctuation, which underpins financial stability and investor confidence in the UAE's markets.
How to convert Saudi Arabian Riyal to io.net
io.net price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.5156 |
2 | 1.03123 |
3 | 1.5468 |
5 | 2.578 |
10 | 5.1561 |
25 | 12.8904 |
50 | 25.7809 |
100 | 51.5619 |
1000 | 515.619 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.9394 |
5 | 9.697 |
10 | 19.3941 |
20 | 38.7883 |
50 | 96.9708 |
100 | 193.9416 |
200 | 387.8833 |
500 | 969.7082 |
1000 | 1939.4165 |
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Saudi Arabian Riyal to io.net performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:03 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.9394 IO | 1.767 IO | +8.88% |
| 5 AED | 9.6974 IO | 8.8354 IO | +8.88% |
| 10 AED | 19.3948 IO | 17.6709 IO | +8.88% |
| 50 AED | 96.9743 IO | 88.3548 IO | +8.88% |
| 100 AED | 193.9487 IO | 176.7096 IO | +8.88% |
| 1000 AED | 1939.4879 IO | 1767.09666 IO | +8.88% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:03 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.9394 IO | 2.2962 IO | -18.40% |
| 5 AED | 9.6974 IO | 11.481 IO | -18.40% |
| 10 AED | 19.3948 IO | 22.9621 IO | -18.40% |
| 50 AED | 96.9743 IO | 114.8105 IO | -18.40% |
| 100 AED | 193.9487 IO | 229.6211 IO | -18.40% |
| 1000 AED | 1939.4879 IO | 2296.2112 IO | -18.40% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:03 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.9394 IO | 0.2369 IO | +87.78% |
| 5 AED | 9.6974 IO | 1.1848 IO | +87.78% |
| 10 AED | 19.3948 IO | 2.3696 IO | +87.78% |
| 50 AED | 96.9743 IO | 11.8483 IO | +87.78% |
| 100 AED | 193.9487 IO | 23.6966 IO | +87.78% |
| 1000 AED | 1939.4879 IO | 236.9668 IO | +87.78% |